Cross Laminated Timber Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The market for cross-laminated timber is projected to register a CAGR of over 3% during the forecast period.
COVID-19 negatively impacted the market in 2020 since construction work and other activities were put on hold to curb the spreading of the virus. However, the market is projected to grow steadily, owing to increased construction activities in 2021.
Key HighlightsThe cross laminated timber market is fragmented in nature. The major players include Binderholz GmbH, PFEIFER GROUP, Stora Enso, Mayr-Melnhof Holz Holding AG, HASSLACHER Holding GmbH among others (not in any particular order).
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